42 Mokema Ave Waltham — Photo 1 of 21
$698,000
Investment Analysis — 42 Mokema Ave
Waltham, MA 02451
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02451 carries an estimated $3,520/mo in gross rent — about a 3.89% cap rate and $27,143/yr in estimated NOI at the $698,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,135
Style
Single Family
Built
1950
Single-level living in one of Waltham’s most desirable neighborhoods. Thoughtfully updated throughout, this inviting home features a refreshed kitchen with newer appliances, countertops, backsplash, and flooring, along with freshly painted interiors, brand-new lighting fixtures, and a new tankless water heater for added efficiency and everyday comfort. Outside, enjoy a brand-new driveway, a welcoming bluestone front walkway, and a charming back fenced in area with patio designed for relaxed outdoor dining and warm-weather evenings. The standout feature is the impressive oversized heated shed which is an exceptional space for entertaining, game days, hobbies, or creating your own backyard retreat. Ideally situated just minutes from major commuter routes, local shopping, restaurants, and everything Waltham has to offer, this move-in-ready home delivers convenience, updates, and easy one-level living in a highly sought-after setting.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 568 sq ft (the lesser of 900 sq ft or half the 1,135 sq ft principal dwelling). Lot size: 4,500 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Solar Hot Water • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Window(s) - Picture
Kitchen
Lvl FirstCeiling Fan(s), Closet, Closet/Cabinets - Custom Built, Flooring - Vinyl, Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, High Speed Internet Hookup, Stainless Steel Appliances, Washer Hookup, Lighting - Pendant
Master Bedroom
Lvl Main,FirstCeiling Fan(s), Closet, Cable Hookup, High Speed Internet Hookup
Bedroom 2
Lvl Main,FirstBathroom 1
Lvl FirstListing Agent: The Jeff Groper Group
Listing Office: Coldwell Banker Realty - Newton
MLS® Number: 73575504
